Surveys??????

spaceboyted

Hi there, I have come up with a business model that involves people filling out surveys. I know that companies will pay people for completing surveys, with some people quoting figures upwards of £50+ for each one. I want to know if anyone has made money in this way and how much on average? Thanks

PasturesNew

What sort of business model? What's your background? It's all a bit vague.

Jenna_Appleseed

PasturesNew wrote: »

What sort of business model? What's your background? It's all a bit vague.

probably yet another website that gets people to sign up & take surveys via their referal links.

spaceboyted

it has nothing to do with referrals at all and it won't be an online website. I won't give my idea away but people will get money for doing surveys...I just wanted to know what the price range companies were offering. I have just finished my economics degree and lack any capital or finance to really push my idea. The opportunity is there but I can't yet capitalize on it. Very frustrating!

DPJames

We get paid between £5 and £10 per survey. Put my name down for when you get started

geordie_joe

spaceboyted wrote: »

Hi there, I have come up with a business model that involves people filling out surveys. I know that companies will pay people for completing surveys, with some people quoting figures upwards of £50+ for each one. I want to know if anyone has made money in this way and how much on average? Thanks

How do you mean "I want to know if anyone has made money in this way and how much on average? "

Do you want to know if anyone has made money filling out surveys, or do you want to know if anyone has made money running a business getting other people to fill in surveys?

geordie_joe

spaceboyted wrote: »

I just wanted to know what the price range companies were offering.

Have you tried asking them?

spaceboyted wrote: »

I have just finished my economics degree and lack any capital or finance to really push my idea.

Lack of capital or finance is not your biggest problem, it's a lack of commitment and everything else it takes to start a business that's your problem.

You appear to think that all you need is an idea, some money and everyone else will do the work for you.

This will never happen, if you want to start your business you will have to get up off your !!!! and do the work your self.

Start by pretending to be a company that needs a survey doing, then contact companies who do this to find out how much they charge.

Then pretend you are a company that conducts surveys for other companies, and contact companies to offer your services to see how much they are willing to pay.

I suspect what you will find is that you can get surveys done for a lot less than you think. And that those companies who do want surveys done already have a company doing it for them, so it will be very difficult for a beginner to persuade them to switch.

Next work out how you are going to get people to complete the surveys, if it's not done online it is going to be a lot of hard work. People tend to shy away from offers of payment for completing surveys, unless they can go on the internet and find others who have already been paid.

spaceboyted wrote: »

The opportunity is there

How do you know the opportunity is there? You know the idea is there, but are the customers there? Are the people who are willing to complete the surveys for your promise of money there? And if they are, how are you going to contact them if not via the internet.

And don't forget, your idea may not be internet based, but the people you contact to do the surveys will be. As soon as you contact them, they will be on the internet asking other if they have ever heard of you, or been paid by you. And the answers will be "Never heard of them" so most will think "I'll just wait until someone else has been paid by them before I do a survey"

spaceboyted wrote: »

but I can't yet capitalize on it. Very frustrating!

Sorry, I don't mean my post to sound negative, or that I am putting you down, because I'm not.

But I know just having the money is not the answer. If you haven't got what it takes to find out what your competitors are charging, or what you potential customers are willing to pay, then you haven't got what it takes to run a business, and someone putting money in your hand won't change that.

If you did have what it takes, you wouldn't have posted in here, you'd be finding out the above, finding out who does surveys, what they like about it, what they don't, which other companies pay people do do surveys, and what the people who do them think of those companies. What are the good points about those companies, what are the bad points? What makes people who do surveys happy, what annoys them? All the answers are in here, if you bother to look. Even the answer to your original question has been answered in here a million times over, if only you'd bothered to look.

You'd also be doing the same for companies that pay survey sites to conduct surveys.

Then you would not only have a business model, you'd have a business plan and policies that would make your company the best, for your clients and customers.